Question
The table below presents the costs incurred by Company GHI for producing 30,000 units of its primary product: Cost Category Amount Direct Materials $60,000 Direct
The table below presents the costs incurred by Company GHI for producing 30,000 units of its primary product:
Cost Category | Amount |
Direct Materials | $60,000 |
Direct Labor | $40,000 |
Manufacturing Overhead | $55,000 |
If the company targets a 70% markup on the cost of production, calculate the selling price per unit.
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
